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Lowe's Companies Stock Hits New 52-Week High (LOW)

Lowe's Companies (NYSE:LOW) hit a new 52-week high Thursday as it is currently trading at $44.54, above its previous 52-week high of $44.51 with 1.2 million shares traded as of 11 a.m. ET. Average volume has been 7.9 million shares over the past 30 days.

NEW YORK ( TheStreet) -- Lowe's Companies (NYSE: LOW) hit a new 52-week high Thursday as it is currently trading at $44.54, above its previous 52-week high of $44.51 with 1.2 million shares traded as of 11 a.m. ET. Average volume has been 7.9 million shares over the past 30 days.

Lowe's Companies has a market cap of $46.96 billion and is part of the services sector and retail industry. Shares are up 24.6% year to date as of the close of trading on Wednesday.

Lowe’s Companies, Inc. operates as a home improvement retailer. It offers products for maintenance, repair, remodeling, and home decorating.

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TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, solid stock price performance, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Lowe's Companies Ratings Report.

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